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A storm is in the making within the Bitcoin space as one of the social media market voices has raised controversy over exaggerated targets made by key opinion leaders. In the recent X post, Egrag pointed out that large BTC holders encouraged hype and fear as they have been caught manipulating their followers with their […]
Galaxy Digital CEO Mike Novogratz firmly believes that bitcoin will reach $100K this year. “Right now there are more buyers and sellers,” he explained, adding that there is “runaway momentum” in bitcoin exchange-traded funds (ETFs). In addition, he pointed to a “new phase of bitcoin” as the asset class welcomes baby boomers. He further asserted [...]
The post Galaxy Digital CEO Anticipates BTC Reaching $100K This Year Citing Runaway Momentum in Spot Bitcoin ETFs appeared first on Crypto Breaking News.
Gold advocate and vocal bitcoin critic Peter Schiff has warned of a bubble in bitcoin exchange-traded funds (ETFs) that will burst when gold rallies. Schiff argues that gold will “inevitably” break out, and the price of bitcoin will crash as investors withdraw from bitcoin ETFs. “Bitcoin has basically become a bet against gold,” he stressed. [...]
The post Peter Schiff Predicts Bitcoin ETF Bubble Expects BTC to Crash When Gold Breaks Out appeared first on Crypto Breaking News.
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices Global investment bank JPMorgan Chase has provided its insights into three [...]
The post JPMorgan Says Bitcoin Halving and Ethereum Upgrade Are Largely Priced In appeared first on Crypto Breaking News.
The author of Rich Dad Poor Dad, Robert Kiyosaki, expects the price of bitcoin to keep rising. “I’m betting on it,” he said. Kiyosaki also shared that he bought 60 bitcoin when the price of the cryptocurrency was at $6,000 per coin. Robert Kiyosaki Expects Bitcoin’s Price to Keep Going Up The author of Rich [...]
The post Robert Kiyosaki Expects Bitcoin’s Price to Keep Rising — Says ‘I’m Betting on It’ appeared first on Crypto Breaking News.
Bitcoins potential price range in 2025 is quite significant, but it bears down to three major factors, according to the crypto mining firm Blockware.
In a thread on X, Alistair Milne, the co-founder and Chief Investment Officer (CIO) of the Altana Digital Currency Fund (ADCF), has outlined his Bitcoin predictions for 2025. With a tenure at ADCF dating back to 2014, Milne’s insights carry significant weight in the investment community. Bitcoin Predictions For 2025 Milne began his forecast by addressing the potential involvement of the United States in Bitcoin accumulation. Some of my 2025 Bitcoin predictions: The big one: Trump won’t announce Bitcoin buying on behalf of the USA in 2025, but he WILL sign an order preventing any seized BTC from being sold … creating a defacto reserve. It will still create global FOMO, Milne stated. Related Reading: Bitcoin Decline Continues: Is $86,800 The Level To Watch? Thus, Milne predicts that Trump will not follow US Senator Cynthia Lummis Bitcoin Act which proposes to buy 1 million BTC over five years. However, Milne thinks that the US under President-elect Trump will keep its 198,109 BTC (according to Arkham data) as national stockpile as promised by Trump during the last Bitcoin Conference in Nashville, potentially sparking fear of missing out (FOMO) globally. Expanding on the international landscape, Milne predicts increased adoption by smaller and more agile nations. Other, smaller and more nimble nations (in addition to Bhutan and El Salvador) will announce Bitcoin Reserves and start buying or mining before the USA does. Middle Eastern countries will start announcing their holdings, he noted. Corporate engagement with Bitcoin is also expected to rise. Milne forecasts that at least one other S&P 500 company, meaning not Tesla or MicroStrategy will announce a Bitcoin acquisition in 2025. Related Reading: Warning Signs For Bitcoin? Binance Trading Volume Drops As Sellers Take Control Price projections remain bullish in Milne’s Bitcoin predictions. He anticipates, Bitcoin should get to around $200-250k, even without the US gov buying. If the US does start buying, expect closer to $500k. Yes, in 2025. This is because it officially becomes a nation state arms race and there isn’t enough Bitcoin. Milne also addresses market dynamics, predicting that Bitcoin will peak in the second half of the year. While his tip is October, he posits that the bear market will be significantly milder than the previous ones given nation states and corporations will slowly accumulate. Addressing concerns related to security and market stability, Milne mentions, Bitfinex is finally sent back the majority of its hacked BTC … causing a temporary dip in the market as people FUD and say they will dump the Bitcoin (they won’t, they’ll slowly convert 80% of it to LEO over 18 months). The collapse and subsequent recovery of major exchanges also play a role in Milne’s Bitcoin predictions for 2025. He states, FTX begins distributing the USD to creditors in Q1, via several large exchanges … making it easy for them to re-invest in Bitcoin, etc.. At least 50% of the money returned will be reinvested. This influx of reinvested funds is expected to inject liquidity back into the Bitcoin market, fostering a renewed price rally. Milne doesn’t overlook the performance of institutional investors, noting, MSTR achieves a ‘Bitcoin yield’ of ~30% in 2025 before the premium closes. Lastly, Milne concludes his Bitcoin predictions with a note to Silk Road founder Ross Ulbricht. On the campaign trail, incoming US president Donald Trump vowed to free Ulbricht. He forecasts that Trump will follow his words: Ross will be freed. At press time, BTC traded at $93,070. Featured image created with DALL.E, chart from TradingView.com
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